# PPP loan: CANAL MANAGEMENT INC.
> **$201K** approved 04/07/2020 · Paid in Full · Loan `7214967008`
## Borrower
- **Name:** CANAL MANAGEMENT INC.
- **Address:** 12039 Southwest 117 Court, Miami, FL, 33186-5107
- **NAICS:** 531210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $201K
- **Jobs reported:** 14
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (SC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*